California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Walt Disney
DIS
|
+$134M |
| 2 |
PepsiCo
PEP
|
+$132M |
| 3 |
Coca-Cola
KO
|
+$126M |
| 4 |
Procter & Gamble
PG
|
+$109M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$106M |
Top Sells
| 1 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$315M |
| 2 |
Mastercard
MA
|
+$267M |
| 3 |
Apple
AAPL
|
+$221M |
| 4 |
RTN
Raytheon Company
RTN
|
+$149M |
| 5 |
Northrop Grumman
NOC
|
+$131M |
Sector Composition
| 1 | Technology | 16.59% |
| 2 | Financials | 15.25% |
| 3 | Healthcare | 13.81% |
| 4 | Consumer Discretionary | 10.01% |
| 5 | Industrials | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
NVEE
1951
DELISTED
NV5 Global
NVEE
| $1.5M | ﹤0.01% |
101,288
-2,800
| -3% | -$41.5K |
|
1952
Editas Medicine
EDIT
$242M
| $1.5M | ﹤0.01% |
61,300
-9,782
| -14% | -$239K |
|
1953
HCI Group
HCI
$2.34B
| $1.5M | ﹤0.01% |
35,046
-6,532
| -16% | -$279K |
|
|
INN
1954
Summit Hotel Properties
INN
$623M
| $1.5M | ﹤0.01% |
131,199
-28,918
| -18% | -$330K |
|
|
CSII
1955
DELISTED
Cardiovascular Systems, Inc.
CSII
| $1.5M | ﹤0.01% |
38,679
-900
| -2% | -$34.8K |
|
|
NPKI
1956
NPK International Inc.
NPKI
$889M
| $1.49M | ﹤0.01% |
162,428
+4,279
| +3% | +$39.2K |
|
|
IBTX
1957
DELISTED
Independent Bank Group, Inc.
IBTX
| $1.49M | ﹤0.01% |
28,991
+24,597
| +560% | +$1.26M |
|
1958
Opko Health
OPK
$1.11B
| $1.49M | ﹤0.01% |
568,845
+38,645
| +7% | +$101K |
|
1959
Extreme Networks
EXTR
$2.95B
| $1.48M | ﹤0.01% |
198,147
+7,047
| +4% | +$52.8K |
|
|
ATRS
1960
DELISTED
Antares Pharma, Inc.
ATRS
| $1.48M | ﹤0.01% |
488,795
| – | – |
|
|
SPN
1961
DELISTED
Superior Energy Services, Inc.
SPN
| $1.48M | ﹤0.01% |
317,121
-46,389
| -13% | -$217K |
|
1962
Golar LNG
GLNG
$4.16B
| $1.48M | ﹤0.01% |
70,114
-9,966
| -12% | -$210K |
|
1963
WisdomTree
WT
$2.11B
| $1.48M | ﹤0.01% |
209,388
-11,669
| -5% | -$82.4K |
|
1964
DXP Enterprises
DXPE
$1.85B
| $1.48M | ﹤0.01% |
37,900
-1,048
| -3% | -$40.8K |
|
|
RCM
1965
DELISTED
R1 RCM Inc. Common Stock
RCM
| $1.47M | ﹤0.01% |
152,347
-23,452
| -13% | -$227K |
|
|
LGF.A
1966
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $1.47M | ﹤0.01% |
94,143
-1,300
| -1% | -$20.3K |
|
|
TWNK
1967
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $1.47M | ﹤0.01% |
117,625
-2,800
| -2% | -$35K |
|
1968
Cactus
WHD
$2.74B
| $1.47M | ﹤0.01% |
41,264
-900
| -2% | -$32K |
|
|
VRS
1969
DELISTED
Verso Corporation
VRS
| $1.47M | ﹤0.01% |
68,507
-14,308
| -17% | -$306K |
|
1970
Adtran
ADTN
$809M
| $1.47M | ﹤0.01% |
107,024
-10,507
| -9% | -$144K |
|
1971
Vericel Corp
VCEL
$1.62B
| $1.47M | ﹤0.01% |
83,720
-2,493
| -3% | -$43.7K |
|
1972
Amphastar Pharmaceuticals
AMPH
$1.3B
| $1.46M | ﹤0.01% |
71,540
+45,966
| +180% | +$939K |
|
1973
Cavco Industries
CVCO
$4.32B
| $1.46M | ﹤0.01% |
12,437
-2,189
| -15% | -$257K |
|
1974
WideOpenWest
WOW
$442M
| $1.46M | ﹤0.01% |
160,336
+103,442
| +182% | +$941K |
|
1975
Virtus Investment Partners
VRTS
$1.34B
| $1.46M | ﹤0.01% |
14,945
-400
| -3% | -$39K |
|